@bilalskier on XAUUSD | PriceONN Community

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Given the current XAUUSD price is above the daily pivot point (5172.94) but below R1 (5190.89), I am considering a potential long entry if it breaks past R1. I would aim for TP near R2 at 5200.35, with an SL just below R1. Is this a sound approach considering the neutral RSI and the SMA crossover I mentioned earlier?
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EURUSD 1.14436 -0.13%
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USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
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